India and Mauritius have signed a memorandum of understanding on 16 January to intensify collaboration in the co-operative sector.
A delegation of co-operators from Mauritius visited India in January, where they engaged with the National Co-operative Union of India (NCUI) and representatives from the country’s Agriculture Ministry. The trip also included a visit to the headquarters of Indian Farmers Fertiliser Cooperative Limited (IFFCO), the world’s largest fertiliser co-operative.
The memorandum was signed on the basis of a resolution which had been passed by the Union Cabinet in 2016. The co-operation agreement covers a five-year period and will be automatically extended for another five.
NCUI runs a network of 20 training institutions and a National Centre for Co-operative Education. As part of the agreement, India will share its expertise and technology with Mauritius. The two movements will carry short and medium term programmes in the areas of agro industry, fisheries and the dairy sector.
Speaking at the signing of the memorandum, business, enterprises and co-operatives minister Soomilduth Bholah said the co-operative model was helping his country fight to eradicate poverty while generating jobs.
Also present at the signing of the memorandum, Dr Chandra Pal Singh Yadav, president of NCUI, said: “In India co-operatives are playing an important role in doubling the income of farmers and National Economy.”